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Speech
Factors affecting efforts to limit payments to AIG counterparties
Testimony before the Committee on Government Oversight and Reform, U.S. House of Representatives.
Journal Article
The global battle over central bank independence
Journal Article
Independence + accountability: why the Fed is a well-designed central bank
In 1913, Congress purposefully created the Federal Reserve as an independent central bank, which created a fundamental tension: how to ensure the Fed remains accountable to the electorate without losing its independence. Over the years, there have been changes in the Fed?s structure to improve its independence, credibility, accountability, and transparency. These changes have led to a better institutional design that makes U.S. policy credible and based on sound economic reasoning, as opposed to politics. In times of financial and economic crisis, there is an understandable tendency to ...
Journal Article
Fed structure ensures independence, accountability
Journal Article
Two types of paper: the case for Federal Reserve independence
Speech
Economic outlook : a speech at the Blair County Chamber of Commerce Breakfast Club, Altoona, PA, June 11, 2010
Presented by Charles I. Plosser, President and Chief Executive Officer, Federal Reserve Bank of Philadelphia. ; Blair County Chamber of Commerce Breakfast Club, Altoona, PA, June 11, 2010
Monograph
The balance of power: the political fight for an independent central bank, 1790 - present
Directors often question the nature of the role and relationships between the political elements of the Federal Reserve and its independence. This volume was created to help Federal Reserve Bank directors who are responsible for the governance of their Districts and the guardianship of the Federal Reserve System.